Greenidge Generation Holdings Inc., once one of the largest public Bitcoin miners in the US, has launched a new site in Mississippi, with 2,400 BTC mining capabilities.
The massive mining establishment, which spans across 12-ache, currently utilizes 8.5 MW (megawatt) power, according to the company’s official release. Besides, Greenidge is also looking to obtain at least 25 MW of additional power in the next 12 months.
“With potential future expansion of at least 25 MW in Mississippi, other drivers for growth are on the horizon.”
Further, the mining rig uses Greenidge Pod X, which boasts using optimal temperature with better longevity, a capacity of 792 miners and reduced noise complaints. Additionally, the company wrote on X that these pods are National Electrical Code (NEC)-compliant.
“Utilizing the NEC-compliant Greenidge Pod X helped reduce buildout costs and increase efficiency of the new mining site.”
Greenidge said that it will make use of the infrastructure solution within the industry to foster its growth.
We are pleased to announce the recent deployment of 2,400 miners at our new Bitcoin mining site in Mississippi. Utilizing the NEC-compliant Greenidge Pod X helped reduce buildout costs and increase efficiency of the new mining site.
We look forward to increased utilization of… pic.twitter.com/OoothIreBB
— Greenidge Generation Holdings Inc (@Greenidge_GREE) July 11, 2024
The Bitcoin mining site was inaugurated on July 1, the announcement read. The company is also planning to deploy its first shipment of Antminer S21 Pro Bitcoin miner in the coming weeks.
“In addition, Greenidge expects to finalize the planned lease of the on-site warehouse by September 1, 2024,” it added.
Greenidge Generation’s crypto mining pollution